KOSPI (SEOUL.NDX) - Close: 1 929.98 (+32.48), Dec 19, 2014

Chart Technical Analysis KOSPI (SEOUL)

 Neutral -Medium term, Dec 19, 2014Analysis Explanation
KOSPI is in an approximate horizontal trend and a continued development within this trend may be expected. The price has now fallen back towards the floor of the trend channel, which should give a reaction up. Is moving within a rectangle formation between support at 1904 and resistance at 2095. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 1900 and resistance at points 1986. The index is overall assessed as technically neutral for the medium long term.

1 day-0.53%0.00+1.71%
5 days0.001.79%0.00+0.43%
22 days0.004.42%0.00-1.88%
66 days0.007.79%0.00-6.43%
Trend 1%1904.19 - 2091.21
Short Term Trading Range2014-12-10
Moving average2014-10-13
Long Term Trading Range2014-10-08
Inverse Head and Shoulders 2014-04-08
Inverse Head and Shoulders 2014-03-27
Double Top Pattern2013-08-21

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